Horst Piepenburg
Encyclopedia
Horst Piepenburg is a German
jurist
specialized on bankruptcy law. He is the co-founder of Piepenburg & Gerling, one of the leading bankruptcy law firm
s in Germany, and has worked more than 1,000 insolvency
cases, including Babcock Borsig and PIN Group
.
In June 2009, Piepenburg was appointed bankruptcy manager of Arcandor
, the "biggest insolvency currently underway in Germany." He resigned from this post in July, citing the "lack of support by Arcandor's large shareholder," private bank Sal. Oppenheim
, as the reason for his decision.
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
jurist
Jurist
A jurist or jurisconsult is a professional who studies, develops, applies, or otherwise deals with the law. The term is widely used in American English, but in the United Kingdom and many Commonwealth countries it has only historical and specialist usage...
specialized on bankruptcy law. He is the co-founder of Piepenburg & Gerling, one of the leading bankruptcy law firm
Law firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other...
s in Germany, and has worked more than 1,000 insolvency
Insolvency
Insolvency means the inability to pay one's debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts.Business insolvency is defined in two different ways:...
cases, including Babcock Borsig and PIN Group
PIN Group
The PIN Group is a German courier and postal services company with around 9000 employees. It belongs to PIN Group S.A., a Luxembourg-based corporate affiliation made up of several German postal companies.-History and shareholding:...
.
In June 2009, Piepenburg was appointed bankruptcy manager of Arcandor
Arcandor
Arcandor AG is a holding company located in Essen, Germany that oversees companies operating in the businesses of mail order and internet shopping, department stores and tourism services. It was created in 1999 through the merger of Karstadt Warenhaus AG, which was founded in 1920, and Quelle...
, the "biggest insolvency currently underway in Germany." He resigned from this post in July, citing the "lack of support by Arcandor's large shareholder," private bank Sal. Oppenheim
Sal. Oppenheim
Sal. Oppenheim jr. & Cie. AG & Co. KGaA is a European Private Bank, currently headquartered in Cologne, Germany. It manages and administers €138 billion of assets and employs around 3,800 employees in more than 30 sites in Germany and Europe...
, as the reason for his decision.